What safaricom's 1.2 Trillion profit means to Tanzanian firms.

[Mwanzi1]

Only 1 MNO makes profit in kenya- Safaricom. The rest make loses why?
Inter connection call charges are high
Mpesa is not interoperable with other m-payments
Government favourism
Large unrestrained marketing budget by Safcom pushes other players to bankrupcy

Hao jamaa wa Safaricom wanaweka Kenyan economy at risk. Nakumbuka Samsung walikuwa na battery problem on their Note 7 brand, South Korea finance minister admitted publicly that they're preparing for up to 2% GDP drop if the problem prolonged. Mind you, Samsung account's 23% of South Korea GDP. But how did Samsung get themselves there, is through corruption, political favoritism kick backs and aggressive investment which sometime it comes through politic back rubbing.

 

[mwaswast]

Hao jamaa wa Safaricom wanaweka Kenyan economy at risk. Nakumbuka Samsung walikuwa na battery problem on their Note 7 brand, South Korea finance minister admitted publicly that they're preparing for up to 2% GDP drop if the problem prolonged. Mind you, Samsung account's 23% of South Korea GDP. But how did Samsung get themselves there, is through corruption, political favoritism kick backs and aggressive investment which sometime it comes through politic back rubbing.

Mwanaume wivu utakumaliza! 1.5 trillion madafu zilienda wapi kama sio corruption? Mtazidi Kuisoma namba kama kawaida.

 

[kennedy0000]

Hao jamaa wa Safaricom wanaweka Kenyan economy at risk. Nakumbuka Samsung walikuwa na battery problem on their Note 7 brand, South Korea finance minister admitted publicly that they're preparing for up to 2% GDP drop if the problem prolonged. Mind you, Samsung account's 23% of South Korea GDP. But how did Samsung get themselves there, is through corruption, political favoritism kick backs and aggressive investment which sometime it comes through politic back rubbing.

So you are saying Safaricom is puting Kenya at risk because of their success?
Google, Microsoft, Apple etc. are bigger than Samsung and do not put USA at risk.

Solution is helping other companies from all sectors to grow wings, not clipping the wings of the highest flying company.

 

[Oii]

One billionaire and few millionaires while here we have no billionaire and many millionaires - and you still claim your economy is more inclusive. The Private companies are no about individuals bu he companies themselves and I repeat - it's laughable to compare Tanzania's privae secor to Kenya's. Even the whole East Africa's private sector can't compare to Kenya's.

Our economy kuwa inclusive sio mwanzi1 kasema, ni international observers, don't remember their name exactly, ila ndio ivyo. That speaks a lot donchu think, your safaricom inawakamua rates za juu na wamemonopolize telecommunications Kenya. Lazima wakusanye doo mob

 

[TheStark]

I must have missed this one.

Kenya being ahead doesn't bother me much about because i know with all devices in place, Tanzania has more room to grow and improve than Kenya.

What puzzles me the most is how can responsible gov allowed one company to control a particular sector unchallenged. Learn from professionals USA with Enron and Lehman brothers scandals. You might see safaricom as successful company but it's success came from the back if favoritism. GoK being regulators but at the same time is shareholder, so they tend to turn blind eye when it comes to safaricom investment practice. No one will win if they go head on head with safaricom with gov backing them.

I've mentioned this before, in Tanzania we tend to put value to the customers first than the value to the shareholders. With these kind of profits Kenyans should've asked themselves, isn't it this money was supposed to remain in our pockets and make us slightly richer?

You might sugarcoat competition in Kenya but companies like safaricom muscling their way in everything doesn't support your claim. Numerous times safaricom refuses to be broken up, they even refuse to take appropriate licences eg banking. You might say Kenya market is bigger but to who's experience, consumers? other businesses? KQ is another company which don't leave space for other to do business.

Why should the government punish success? That's weird thinking but then again why do you care...

 

[Mwanzi1]

Why should the government punish success? That's weird thinking but then again why do you care...

Success of few shareholders vs savings of million of people who use that little savings, to finance the success of single company?. But let ask ourselves who are those shareholders? perhaps the boys at the helm?

 

[kennedy0000]

Success of few shareholders vs savings of million of people who use that little savings, to finance the success of single company?. But let ask ourselves who are those shareholders? perhaps the boys at the helm?

You've heard this a million times but you pretend not to know.
Safaricom is owned by:
60% Kenyans (GoK - 35%, NSE - 25%)
35% Vodacom SA
5% Vodaphone

Most of their revenue and profit remains in Kenya. Actually, after you deduct the amount they will pay in dividend and taxes, they remain with a lot to re-invest back in their business.
That's why their fibre to the house business is growing like crazy. Soon they'll also be launching 5G.

Your Vodacom, (which is smaller than Safaricom's SMS business), is owned by majority foreigners. Most money goes back to South Africa. Very little is re-invested into your country. As a result, very low or non-existent fibre to the house coverage. And very high reaction time to new tech like 5G.
You need a lot of money to offer complete coverage, money that goes to South Africa.

And I don't know why you Tanzanians like complaining on Kenyans' behalf about Safaricom prices. If our purchasing power allows us to buy their products at that price, that's our problem.
It's the same case rent in Nairobi is more expensive than Dar.
Same case London is more expensive than Nairobi.

Those of us who cannot afford Safaricom have other options. Only that they will receive inferior voice and 4G coverage.

 

[Mwanzi1]

You've heard this a million times but you pretend not to know.
Safaricom is owned by:
60% Kenyans (GoK - 35%, NSE - 25%)
35% Vodacom SA
5% Vodaphone

Most of their revenue and profit remains in Kenya. Actually, after you deduct the amount they will pay in dividend and taxes, they remain with a lot to re-invest back in their business.
That's why their fibre to the house business is growing like crazy. Soon they'll also be launching 5G.

Your Vodacom, (which is smaller than Safaricom's SMS business), is owned by majority foreigners. Most money goes back to South Africa. Very little is re-invested into your country. As a result, very low or non-existent fibre to the house coverage. And very high reaction time to new tech like 5G.
You need a lot of money to offer complete coverage, money that goes to South Africa.

And I don't know why you Tanzanians like complaining on Kenyans' behalf about Safaricom prices. If our purchasing power allows us to buy their products at that price, that's our problem.
It's the same case rent in Nairobi is more expensive than Dar.
Same case London is more expensive than Nairobi.

Those of us who cannot afford Safaricom have other options. Only that they will receive inferior voice and 4G coverage.

The numbers you've outlay above looks good and tick all the boxes on home grown company. But in realty those are just number not the realty. The realty Safaricom is most corrupt company if not number one corrupt company in an entire East and Central Africa.

Panama paper showed us how the company which is responsible for 48% Kenyan GDP moves money out of Kenya to tax heaven. Procurement is what Safaricom do best, money which was meant stay in Kenya and reinvented into the economy find its way through buying services somewhere else. Find out about Germany migration, or police communications equipment. They rarely buy anything from local supplier, let alone recruiting local engineers to design n build new system. Find out about Hauwei and how huge amount of money sneak out to China. The whole mpesa licensing is implicated with back door dealings which means money lost. But ask yourself, how could one company have a courage to do all that and no one is asking? The answer hidden within 25% NSE stocks.

 

[kennedy0000]

The numbers you've outlay above looks good and tick all the boxes on home grown company. But in realty those are just number not the realty. The realty Safaricom is most corrupt company if not number one corrupt company in an entire East and Central Africa.

Panama paper showed us how the company which is responsible for 48% Kenyan GDP moves money out of Kenya to tax heaven. Procurement is what Safaricom do best, money which was meant stay in Kenya and reinvented into the economy find its way through buying services somewhere else. Find out about Germany migration, or police communications equipment. They rarely buy anything from local supplier, let alone recruiting local engineers to design n build new system. Find out about Hauwei and how huge amount of money sneak out to China. The whole mpesa licensing is implicated with back door dealings which means money lost. But ask yourself, how could one company have a courage to do all that and no one is asking? The answer hidden within 25% NSE stocks.

Kenya may produce many things, but telecommunication equipment ain't one of them.
You can't fault Safaricom for buying tech equipment from Germany or from Huawei. If Safaricom was in the agricultural business, we would be asking why they are not buying Kenyan maize.

And Safaricom does re-invest into the country. About 2 years ago, they had zero fibre optic to home connections. Now they are fast approaching 200,000 homes. By many estimates, they will soon overtake Zuku's 500,000+ homes.
It's a win-win for Kenyans who now get better internet services, and Safaricom who get more revenue.

How many houses are connected to a fiber network in Tanzania?

Most of Safaricom engineers are local. I have a friend who works there. And actually, anytime you find them on the ground doing any kind of installations or repairs, all you see are Kenyans.
Of course some of the technical/software aspects of the network are developed by Vodaphone in the UK.

 

[Mwanzi1]

Kenya may produce many things, but telecommunication equipment ain't one of them.
You can't fault Safaricom for buying tech equipment from Germany or from Huawei. If Safaricom was in the agricultural business, we would be asking why they are not buying Kenyan maize.

And Safaricom does re-invest into the country. About 2 years ago, they had zero fibre optic to home connections. Now they are fast approaching 200,000 homes. By many estimates, they will soon overtake Zuku's 500,000+ homes.
It's a win-win for Kenyans who now get better internet services, and Safaricom who get more revenue.

How many houses are connected to a fiber network in Tanzania?

Most of Safaricom engineers are local. I have a friend who works there. And actually, anytime you find them on the ground doing any kind of installations or repairs, all you see are Kenyans.
Of course some of the technical/software aspects of the network are developed by Vodaphone in the UK.

I can tell you haven't done any research on issues I raised previously, everything you said, is exactly a PR representative would say “repetitively” to justify the position of their company.

Let me ask you this and please do some research because I've done mine and I know the answers. Why did Safaricom CEO denied a chance to travel to London and give keynote speech on anti corruption? How come NASA chose to target Safaricom soon after the elections? This might be hard for you, why did safaricom CEO took prolonged sick leave only to surface in an confusion environment?

As much as you admire and respect company like Safaricom, but they're one of dirtied companies in Africa along with extractive companies. For a long time the company has been used as a bridge to transport cash outside Africa to places which are tax haven. Up to this day, Safaricom still pays for the loyalty rights for Mpesa why? With all the money they make, they could build another cash-transfer platform for a fraction of they Vodafone in loyalty. In fact, they could use local engineers to build that platform and truly reinvested the money back to Kenya. Your saying you have a friend who is working with Safaricom, again having few back office staff who are local can not be compared with not subcontracting a local farm to carry out professional work. Its funny, because they subcontract a foreign company and the same foreign company employed local engineers to do the job.

If you want to know about Tanzania fiber optics, you only have to google it. Tanzania was the first country in EAC to completed countrywide laying of backbone fiber optic cable back in 2015, Kenya completed phase 2 in 2017. As from fiber for homes, that work has already in five regions just google it.

 

[kennedy0000]

I can tell you haven't done any research on issues I raised previously, everything you said, is exactly a PR representative would say “repetitively” to justify the position of their company.

Let me ask you this and please do some research because I've done mine and I know the answers. Why did Safaricom CEO denied a chance to travel to London and give keynote speech on anti corruption? How come NASA chose to target Safaricom soon after the elections? This might be hard for you, why did safaricom CEO took prolonged sick leave only to surface in an confusion environment?

As much as you admire and respect company like Safaricom, but they're one of dirtied companies in Africa along with extractive companies. For a long time the company has been used as a bridge to transport cash outside Africa to places which are tax haven. Up to this day, Safaricom still pays for the loyalty rights for Mpesa why? With all the money they make, they could build another cash-transfer platform for a fraction of they Vodafone in loyalty. In fact, they could use local engineers to build that platform and truly reinvested the money back to Kenya. Your saying you have a friend who is working with Safaricom, again having few back office staff who are local can not be compared with not subcontracting a local farm to carry out professional work. Its funny, because they subcontract a foreign company and the same foreign company employed local engineers to do the job.

If you want to know about Tanzania fiber optics, you only have to google it. Tanzania was the first country in EAC to completed countrywide laying of backbone fiber optic cable back in 2015, Kenya completed phase 2 in 2017. As from fiber for homes, that work has already in five regions just google it.

1. There is no sense in anything Nasa did after losing the election. They went on a spree blaming everything including cooking fat manufacturer Bidco. Safaricom was the company whose network was used for transmission.

2. CEO Bob Collymore has Leukemia. What you're calling a 'prolonged sick leave' is actually quite short for people suffering that kind of cancer.

3. Safaricom pays MPesa royalties to Vodaphone, the inventors. Same case Vodacom pays. As long as a technology is not open-source, you have to pay the patent holder to use their patents. That is simple common sense.
Safaricom has been fighting to bring the % paid down.

4. Safaricom building another 'Mpesa' is out of the question. It's clear you've never engaged in kind of business if you think pulling out and starting another similar is always possible.

First and foremost, most of the underlying tech is patented.

Second, Mpesa brand is already too powerful to change. Same thing Apple cannot wake up one morning and change the name of their phone to Z phone.

Third, Vodaphone are a big shareholders and will be part of the decision making process.

Finally, Kenya is not an ujamaa country like Tanzania but a capitalist. If Safaricom wants to acquire the Mpesa brand 100% from Vodaphone, the government cannot nationalize it Mugabe style. Vodaphone must be willing to sell, and Safaricom must be able to afford it.

On your fiber optic network, laying a 'nationwide' network is nothing to brag about. We laid ours almost a decade ago. We even connected it to 2 or 3 global networks at Mombasa (SeaCom, TEAMMS). That's the easiest part and it is spearheaded by the government.
Bringing fiber to the home, in estates, apartments etc.. is a private ISP undertaking.
In Kenya Zuku was the first major one, and now has several hundred thousand customers.
Safaricom started last year and has now connected 141,000 homes.

Considering the meager profits made by your telecom companies, it will take them ages to acquire the capacity to invest billions to connect homes.
I can bet that less than 50,000 Tanzanian homes are connected to fiber internet. And actually, Kenyan company Zuku is the one leading that drive even in Tanzania.

 

[Mwanzi1]

1. There is no sense in anything Nasa did after losing the election. They went on a spree blaming everything including cooking fat manufacturer Bidco. Safaricom was the company whose network was used for transmission.

2. CEO Bob Collymore has Leukemia. What you're calling a 'prolonged sick leave' is actually quite short for people suffering that kind of cancer.

3. Safaricom pays MPesa royalties to Vodaphone, the inventors. Same case Vodacom pays. As long as a technology is not open-source, you have to pay the patent holder to use their patents. That is simple common sense.
Safaricom has been fighting to bring the % paid down.

4. Safaricom building another 'Mpesa' is out of the question. It's clear you've never engaged in kind of business if you think pulling out and starting another similar is always possible.

First and foremost, most of the underlying tech is patented.

Second, Mpesa brand is already too powerful to change. Same thing Apple cannot wake up one morning and change the name of their phone to Z phone.

Third, Vodaphone are a big shareholders and will be part of the decision making process.

Finally, Kenya is not an ujamaa country like Tanzania but a capitalist. If Safaricom wants to acquire the Mpesa brand 100% from Vodaphone, the government cannot nationalize it Mugabe style. Vodaphone must be willing to sell, and Safaricom must be able to afford it.

On your fiber optic network, laying a 'nationwide' network is nothing to brag about. We laid ours almost a decade ago. We even connected it to 2 or 3 global networks at Mombasa (SeaCom, TEAMMS). That's the easiest part and it is spearheaded by the government.
Bringing fiber to the home, in estates, apartments etc.. is a private ISP undertaking.
In Kenya Zuku was the first major one, and now has several hundred thousand customers.
Safaricom started last year and has now connected 141,000 homes.

Considering the meager profits made by your telecom companies, it will take them ages to acquire the capacity to invest billions to connect homes.
I can bet that less than 50,000 Tanzanian homes are connected to fiber internet. And actually, Kenyan company Zuku is the one leading that drive even in Tanzania.

Another PR statement to save the day, how come you're not responding about corruption i've outline before. How come you're not answering anything on those doggy dealing Safaricom are well known for, including police communications equipment, IEBC vote rigging, shifting majority shared back to Vodafone which it failed by the way. What about the man you say he has leukemia, whom he went off soon after elections and came back immediately after the handshake?

Don't dismiss NASA grievances, they had hard evidence on safaricom and Germany servers, the one which they say they will dismontal from Germany and bring it back to kenya only to be found out they bought complete new system which never work until they brought local engineers, yes “local engineers” to fix it.

KPMG report told us everything we needed to know, who is involved, connecting to who, and where is all started and where it all end. I will highly recommend you read that report.

It’s kind of laughable if you say Safaricom building her own Mpesa platform is our of question, yet your happy for safaricom to acquire mpesa from Vodafone (another money laundry scheme inner making). TTCL has just been rejuvenated and managed to build her own money transfer platform in less than a year, It’s shows your here to justify unjustifiable. If people can write software to make car drive by itself or control an entire airspace, how hard will it be to write a software to transfer money from A to B? This is same issue we had with vodacom TZ, most of their transaction could not be justified, their CEO is leaving, and replacement who was meant to smooth things over been denied work permit. Airtel right now is sitting down with gov to save their day, it goes to multinational mineral companies and so on.

Anyone who say Kenya is capitalist and Tanzania is ujamaa 2018, that person need to be woken up with live wires. China is massive ujamaa, so as India, so as Brazil so as Mexico, well.... It’s depend with you understand of those two terms ujamaa (socialism) and ubepari (capitalism). Yet the countries i mentioned are doing more business than entire African continent.

BTW I'm not even touching about fiber option, come back when you have five or more counties all connect their homes to fiber optic cable.

 

[kennedy0000]

Another PR statement to save the day, how come you're not responding about corruption i've outline before. How come you're not answering anything on those doggy dealing Safaricom are well known for, including police communications equipment, IEBC vote rigging, shifting majority shared back to Vodafone which it failed by the way. What about the man you say he has leukemia, whom he went off soon after elections and came back immediately after the handshake?

Don't dismiss NASA grievances, they had hard evidence on safaricom and Germany servers, the one which they say they will dismontal from Germany and bring it back to kenya only to be found out they bought complete new system which never work until they brought local engineers, yes “local engineers” to fix it.

KPMG report told us everything we needed to know, who is involved, connecting to who, and where is all started and where it all end. I will highly recommend you read that report.

It’s kind of laughable if you say Safaricom building her own Mpesa platform is our of question, yet your happy for safaricom to acquire mpesa from Vodafone (another money laundry scheme inner making). TTCL has just been rejuvenated and managed to build her own money transfer platform in less than a year, It’s shows your here to justify unjustifiable. If people can write software to make car drive by itself or control an entire airspace, how hard will it be to write a software to transfer money from A to B? This is same issue we had with vodacom TZ, most of their transaction could not be justified, their CEO is leaving, and replacement who was meant to smooth things over been denied work permit. Airtel right now is sitting down with gov to save their day, it goes to multinational mineral companies and so on.

Anyone who say Kenya is capitalist and Tanzania is ujamaa 2018, that person need to be woken up with live wires. China is massive ujamaa, so as India, so as Brazil so as Mexico, well.... It’s depend with you understand of those two terms ujamaa (socialism) and ubepari (capitalism). Yet the countries i mentioned are doing more business than entire African continent.

BTW I'm not even touching about fiber option, come back when you have five or more counties all connect their homes to fiber optic cable.

Nasa accused everyone remotely involved in the election process, Safaricom, OT Morpho etc.. and everyone not even remotely involved; Bidco, Brookside etc.
It's a trademark Raila move after every 5 years. Expect it again in 2022.
Safaricom did not operate any servers for IEBC. They were simply the network on which data was transmitted. What you're doing is like blaming Vodacom for fake news.
Nasa never provided any pinch of evidence to prove any of their allegations.

And OT Morpho is a French company not German.

The KPMG report to the best of my knowledge was about some acquisition of land near Garden City for a new HQ. How you've managed to tie it to Germany servers only you can shed light.

And please don't ever make the mistake of mentioning Safaricom and TTCL in the same sentence again. TTCL is the equivalent of Safaricom's ringtone business.

Any serious coder can build a mobile money platform in less than a week. As long as you don't infringe patents owned by others, you can launch it in maybe 2 weeks.
But if you think a mobile money platform is just the software, it shows you clearly ain't cut out for business.

For Safaricom to forego a platform whose annual transactions are equal to the GDPs of Tanzania, Uganda and Rwanda combined, to start afresh, that would be the stupidiest business move.

It's like telling Samsung to leave android and start their own Operating System to save on Google license fees.

China embraced capitalism decades ago, and the result is that they've become the second richest country.
All the other countries you've listed are ujamaa only in your dreams.

Tanzania is stuck between ujamaa and capitalism. A few examples.

Forcing private companies to list on the stock exchange. Market forces should be left to determine this.
Making administrative decisions for privately run companies. Like which CEO they cannot hire.
Grossly and unreasonably overtaxing mining companies. To the extent that tax is greater than the company's net worth.
And many other examples.

On Fiber optic, I don't know whether I should laugh when you say five or more counties.
Zuku, Faiba and Safaricom are all over Kenya. And that's not counting the so called 'national fiber optic network' that passes to every major town, but primarily to business premises.
We're done with Kenya and Zuku is now using some of its profits to expand into Tanzania. You have nothing on us on fiber optic, try Burundi.

 

[Mwanzi1]

Nasa accused everyone remotely involved in the election process, Safaricom, OT Morpho etc.. and everyone not even remotely involved; Bidco, Brookside etc.
It's a trademark Raila move after every 5 years. Expect it again in 2022.
Safaricom did not operate any servers for IEBC. They were simply the network on which data was transmitted. What you're doing is like blaming Vodacom for fake news.
Nasa never provided any pinch of evidence to prove any of their allegations.

And OT Morpho is a French company not German.

The KPMG report to the best of my knowledge was about some acquisition of land near Garden City for a new HQ. How you've managed to tie it to Germany servers only you can shed light.

And please don't ever make the mistake of mentioning Safaricom and TTCL in the same sentence again. TTCL is the equivalent of Safaricom's ringtone business.

Any serious coder can build a mobile money platform in less than a week. As long as you don't infringe patents owned by others, you can launch it in maybe 2 weeks.
But if you think a mobile money platform is just the software, it shows you clearly ain't cut out for business.

For Safaricom to forego a platform whose annual transactions are equal to the GDPs of Tanzania, Uganda and Rwanda combined, to start afresh, that would be the stupidiest business move.

It's like telling Samsung to leave android and start their own Operating System to save on Google license fees.

China embraced capitalism decades ago, and the result is that they've become the second richest country.
All the other countries you've listed are ujamaa only in your dreams.

Tanzania is stuck between ujamaa and capitalism. A few examples.

Forcing private companies to list on the stock exchange. Market forces should be left to determine this.
Making administrative decisions for privately run companies. Like which CEO they cannot hire.
Grossly and unreasonably overtaxing mining companies. To the extent that tax is greater than the company's net worth.
And many other examples.

On Fiber optic, I don't know whether I should laugh when you say five or more counties.
Zuku, Faiba and Safaricom are all over Kenya. And that's not counting the so called 'national fiber optic network' that passes to every major town, but primarily to business premises.
We're done with Kenya and Zuku is now using some of its profits to expand into Tanzania. You have nothing on us on fiber optic, try Burundi.

NASA had genuine grievance to what Safaricom did to them, tallies where send back to IEBC with wrong information using the pipe created by Safaricom. You might try to play this down to save your career but evedence was supplied to the court and won the case. All this to make sure their buddies Jubilee retain power and not Raila who promise to clean up Safaricom mess.

You can jump all hula hoops you want but KPMG report didn't just talk about land issues, it talk about corruption too, it talk about dubious procurement, it talk about connection between safaricom and tax haven. If your serious want to fight corruption in Kenya start with Safaricom, and the rest will fall after another like domino. But your busy painting picture that Safaricom is doing well, you don't even have to go far, just Google safaricom scandal, the first page will be enough to know who your dealing with. But again, this is Kenya where public theft is public and no one can do anything about it.

Someone wrote about Safaricom and the way they behave, maybe it might help you.
The M-PESA grand heist | Nairobi Law Monthly

So they can build an entire new system but they can't create a new platform, did you laugh at yourself before typing this? again KPMG report will make this clear for you.

Most of things you wrote after that are somehow comic. India not ujamaa country, okay tell us why is only India state run campaniles are running the economy from rail transport to telecommunication? why we don't see true globalization with foreign companies flourish in Indian economy. Isn't that the case with China? was Kenya SGR been build by Chinese private company? and Chinese private loans? men, 2018 is here wake up.

 

[COLLOH-MZII RELOADED]

What's this guy lecturing,? KCB profits alone is equal to top 20 Tanzanian companies.... Unakuja kuongea mingi hapa bila facts....Tanzania has less than 50k home fibre users Kenya 1 million

 

[kennedy0000]

NASA had genuine grievance to what Safaricom did to them, tallies where send back to IEBC with wrong information using the pipe created by Safaricom. You might try to play this down to save your career but evedence was supplied to the court and won the case. All this to make sure their buddies Jubilee retain power and not Raila who promise to clean up Safaricom mess.

You can jump all hula hoops you want but KPMG report didn't just talk about land issues, it talk about corruption too, it talk about dubious procurement, it talk about connection between safaricom and tax haven. If your serious want to fight corruption in Kenya start with Safaricom, and the rest will fall after another like domino. But your busy painting picture that Safaricom is doing well, you don't even have to go far, just Google safaricom scandal, the first page will be enough to know who your dealing with. But again, this is Kenya where public theft is public and no one can do anything about it.

Someone wrote about Safaricom and the way they behave, maybe it might help you.
The M-PESA grand heist | Nairobi Law Monthly

So they can build an entire new system but they can't create a new platform, did you laugh at yourself before typing this? again KPMG report will make this clear for you.

Most of things you wrote after that are somehow comic. India not ujamaa country, okay tell us why is only India state run campaniles are running the economy from rail transport to telecommunication? why we don't see true globalization with foreign companies flourish in Indian economy. Isn't that the case with China? was Kenya SGR been build by Chinese private company? and Chinese private loans? men, 2018 is here wake up.

Transmission had nothing to do with the nullification, but rather the missing signatures and watermarks on the Form 34Bs.
And I did not say Safaricom can't build a new Mobile money system. I said it is not a wise business move to abandon a thriving business the size of TZ, UG and Rwanda GDPs combined, to start afresh.
Learn to understand simple analogies.
I see why you need Kenyans to run your companies if that's the thinking the rest of you tanzanians have.

Many foreign companies flourish in both India and China. Just today Starbucks announced they will open 3000 new outlets in China in the next 2 years.
Rail and transport being run by state corporations says nothing about ujamaa. It's just that the state was the first mover, but that does not mean other players have been denied entry.

 

[Mwanzi1]

Transmission had nothing to do with the nullification, but rather the missing signatures and watermarks on the Form 34Bs.
And I did not say Safaricom can't build a new Mobile money system. I said it is not a wise business move to abandon a thriving business the size of TZ, UG and Rwanda GDPs combined, to start afresh.
Learn to understand simple analogies.
I see why you need Kenyans to run your companies if that's the thinking the rest of you tanzanians have.

Many foreign companies flourish in both India and China. Just today Starbucks announced they will open 3000 new outlets in China in the next 2 years.
Rail and transport being run by state corporations says nothing about ujamaa. It's just that the state was the first mover, but that does not mean other players have been denied entry.

I'm guessing your not interested with corruption side Safaricom, but your happy to sprinkled glitter on doggy company. Safaricom has made few people rich but hinder development of millions. They've swindled the value of their airtime, they've lost poor people money due to faulty system. There was time one computer couldn't see another computers and people lost little they had, and your saying acquiring new system is waste of time. Mpesa as it is, is to primitive, South African users rejected it and now Nigerians are saying the same.

GDP of what? Tanzania Uganda Rwanda combine? This why EAC doesn't give a monkey about Kenya any more. Do you even know GDP of your own country let alone GDP of other EAC countries?

So if you see western business opening shop in particular country you quickly assuming that country is capitalist. Go to India, China, Brazil or Mexico and look how they deliver their services in cities or villages, are they delivering due to market economy social values? No matter who comes to open their business, the socialist country will not let key area being taken away of state to make sure delivery is not determined by your deep pocket. Brazil China India and many others are still keeping this principle. So many countries Tanzania included are embracing both world by measuring one system doesn't overpower another. When you see MacDonald opening shop in Vietnam or China it doesn't mean they've abandon socialism. It will stay for many years to come including the governing Portugal, a bit of France, Sweden, Malta and many more.

I'm interested with doggy part of company like Safaricom, because for far too long companies like these have been used to scoop money out of African and feed other economies leave millions of people poor and nothing to be proud for. I really don't understand when I see someone clapping their hands along the way praising tax dodgers. Deliberately monopoly created by Safaricom has so much to do with the way it linked itself with people on high places.

 

[nowsasa]

Jaribu kujuwa hao "fat cats" niliowataja ni akina nani kabla ya kurukia mada kwambele. Ukija tena uje na number of unemployment in Kenya, bila kusahau inequality. Oh, usiache food security, pamoja na political stability level.

Hayo yote uliyoyataja ni consequences ya uchumi wa kibiashara aka ubepari. Wavivu na wasio wabunifu, wasiochapa kazi lazima waumie. Kenya wako mbele sana mjomba. Food security kenya is the best in east afrika. The largest economy in East Africa. Uchumi wa kenya lazima mtu uwe tought. Man eat man..Bongo porojo nyingi ....man eat nothing! Maneno ya mzee kenyata alipomjibu mchonga meno alipoanza kuleta zake za kuleta na umaku wa ujamaa na kujitegemea.

 

[Mwanzi1]

Hayo yote uliyoyataja ni consequences ya uchumi wa kibiashara aka ubepari. Wavivu na wasio wabunifu, wasiochapa kazi lazima waumie. Kenya wako mbele sana mjomba. Food security kenya is the best in east afrika. The largest economy in East Africa. Uchumi wa kenya lazima mtu uwe tought. Man eat man..Bongo porojo nyingi ....man eat nothing! Maneno ya mzee kenyata alipomjibu mchonga meno alipoanza kuleta zake za kuleta na umaku wa ujamaa na kujitegemea.

Shallow way of looking of things, hujajibu mswali hata moja. Kwahiyo Magufuli akisema asiyefanya kazi asile yuko sahihi?

 

[nowsasa]

Shallow way of looking of things, hujajibu mswali hata moja. Kwahiyo Magufuli akisema asiyefanya kazi asile yuko sahihi?

Yap. Yuko sahihi 100%